AMN Healthcare Services, Inc.'s (NYSE:AMN) Price Is Right But Growth Is Lacking
Jul 22
U.S. Healthcare Services Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies105
- 7D0.2%
- 3M-1.7%
- 1Y-4.6%
- YTDn/a
The Healthcare Services is pretty flat in the last 7 days, but Hims & Hers Health has stood out, gaining 14%. As for the longer term, the industry has declined 4.6% in the last year. As for the next few years, earnings are expected to grow by 18% per annum.
Industry Valuation and Performance
Has the U.S. Healthcare Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | US$288.5b | US$656.3b | US$10.5b | 30.7x | 27.5x | 0.4x |
| Sun, 23 Jun 2024 | US$282.2b | US$654.3b | US$10.2b | 29x | 27.7x | 0.4x |
| Tue, 21 May 2024 | US$278.9b | US$654.3b | US$10.3b | 27x | 27x | 0.4x |
| Thu, 18 Apr 2024 | US$292.1b | US$642.9b | US$11.7b | 30.4x | 25x | 0.5x |
| Sat, 16 Mar 2024 | US$310.0b | US$643.1b | US$12.2b | 35.9x | 25.5x | 0.5x |
| Mon, 12 Feb 2024 | US$303.9b | US$644.9b | US$13.3b | 34.5x | 22.8x | 0.5x |
| Wed, 10 Jan 2024 | US$324.0b | US$625.8b | US$13.8b | 33.9x | 23.5x | 0.5x |
| Fri, 08 Dec 2023 | US$296.7b | US$625.7b | US$13.7b | 33.2x | 21.6x | 0.5x |
| Sun, 05 Nov 2023 | US$312.9b | US$624.9b | US$13.1b | 25.2x | 23.9x | 0.5x |
| Tue, 03 Oct 2023 | US$302.6b | US$612.2b | US$8.8b | 28.5x | 34.5x | 0.5x |
| Thu, 31 Aug 2023 | US$309.2b | US$610.7b | US$8.7b | 26.6x | 35.7x | 0.5x |
| Sat, 29 Jul 2023 | US$321.7b | US$598.2b | US$10.4b | 27.2x | 31.1x | 0.5x |
| Mon, 26 Jun 2023 | US$310.7b | US$598.0b | US$10.1b | 27.4x | 30.7x | 0.5x |
| Wed, 24 May 2023 | US$302.5b | US$598.1b | US$10.1b | 25.7x | 29.9x | 0.5x |
| Fri, 21 Apr 2023 | US$310.2b | US$586.9b | US$10.9b | 22.6x | 28.4x | 0.5x |
| Sun, 19 Mar 2023 | US$309.3b | US$586.4b | US$11.8b | 22.3x | 26.2x | 0.5x |
| Tue, 14 Feb 2023 | US$348.8b | US$588.6b | US$11.3b | 23.1x | 30.9x | 0.6x |
| Thu, 12 Jan 2023 | US$351.7b | US$581.2b | US$10.8b | 21.9x | 32.6x | 0.6x |
| Sat, 10 Dec 2022 | US$371.2b | US$581.2b | US$10.8b | 20.6x | 34.2x | 0.6x |
| Mon, 07 Nov 2022 | US$369.3b | US$581.5b | US$8.1b | 19.3x | 45.5x | 0.6x |
| Wed, 05 Oct 2022 | US$370.3b | US$571.9b | US$12.9b | 18.4x | 28.7x | 0.6x |
| Fri, 02 Sep 2022 | US$367.2b | US$571.9b | US$12.9b | 19.2x | 28.4x | 0.6x |
| Sun, 31 Jul 2022 | US$364.2b | US$559.7b | US$16.0b | 25.9x | 22.8x | 0.7x |
| Tue, 28 Jun 2022 | US$344.8b | US$559.8b | US$16.8b | 21x | 20.5x | 0.6x |
| Thu, 26 May 2022 | US$346.5b | US$558.7b | US$16.7b | 20.5x | 20.7x | 0.6x |
| Sat, 23 Apr 2022 | US$362.2b | US$545.7b | US$16.6b | 23.9x | 21.8x | 0.7x |
| Mon, 21 Mar 2022 | US$371.4b | US$545.2b | US$17.2b | 26.2x | 21.6x | 0.7x |
| Wed, 16 Feb 2022 | US$362.3b | US$542.6b | US$17.0b | 25.5x | 21.3x | 0.7x |
| Fri, 14 Jan 2022 | US$377.3b | US$532.4b | US$20.3b | 26.1x | 18.6x | 0.7x |
| Sun, 12 Dec 2021 | US$372.1b | US$532.6b | US$20.3b | 25.6x | 18.4x | 0.7x |
| Tue, 09 Nov 2021 | US$379.6b | US$531.3b | US$21.0b | 22.1x | 18.1x | 0.7x |
| Thu, 07 Oct 2021 | US$352.4b | US$519.2b | US$20.4b | 23x | 17.3x | 0.7x |
| Sat, 04 Sep 2021 | US$389.6b | US$519.6b | US$20.4b | 24.1x | 19.1x | 0.7x |
| Mon, 02 Aug 2021 | US$389.7b | US$519.6b | US$20.4b | 22.2x | 19.1x | 0.7x |
Price to Earnings Ratio
19.1x
Current Industry PE
- Investors are relatively neutral on the American Healthcare Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 25.8x.
- The industry is trading close to its 3-year average PS ratio of 0.58x.
Past Earnings Growth
- The earnings for companies in the Healthcare Services industry have declined 20% per year over the last three years.
- Meanwhile revenues for these companies have grown 8.1% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does U.S. Healthcare Services compare with similar industries?
| US Market | -2.42% | |
| Healthcare | 1.13% | |
| Healthcare Services | 0.53% | |
| Healthcare Services | 0.24% | |
| Healthcare Facilities | 6.33% | |
| Healthcare Distributors | 1.50% | |
| Managed Healthcare | 0.058% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HIMS Hims & Hers Health | US$23.25 | 14.1% +US$618.6m | 176.5% | PS5.2x | |
| DVA DaVita | US$142.50 | 4.7% +US$564.8m | 42.5% | PE15.3x | |
| CRVL CorVel | US$302.08 | 7.4% +US$358.9m | 46.5% | PE68x | |
| AMN AMN Healthcare Services | US$63.31 | 13.5% +US$286.1m | -39.4% | PE16.7x | |
| OPCH Option Care Health | US$31.00 | 4.1% +US$210.3m | -8.4% | PE19.8x |
